MaxMoney’s Comments on Nepal Central Bank

We are condemning the action by a Senior Officer, Executive director of the Central Bank Nepal, as we believe this was executed on his personal capacity to cover up Himalayan Bank limited on the issuance of fake Bank statements and claiming access money and committed financial fraud and we have proof – he is the proxy to the local Himalayan Bank Ltd Nepal. as His Nephew is holding a senior position in Himalayan Bank. To understand more on this case, please view the chronology document.

Chronology Document

Related News : Max Money denies allegations, will pursue legal action against Himalayan Bank

Max Money denies allegations, will pursue legal action against Himalayan Bank

  

KUALA LUMPUR: Max Money Sdn Bhd has denied allegations that the company is involved in fraud and owes Nepal-based Himalayan Bank Ltd some US$4.2 million in transactions.

Chief executive officer Abda Hamid said allegations against the company involving in fraudulent claims by Himalayan Bank is untrue and aimed at tarnishing the company’s reputation as one of the leading remittance company in Malaysia and in Nepal.

He confirmed that Max Money has been barred from conducting remittance business in Nepal by Nepal Rastra Bank, the country’s central bank, since late last month.

“We have made a police report here in August this year and now we will be pursuing legal options against Himalayan Bank for these unsubstantiated allegations,” he told NST Business.

Max Money is suing Himalayan Bank for USD$30 million in damages.

Continue reading Max Money denies allegations, will pursue legal action against Himalayan Bank

MaxMoney Welcomes on Board the New Governor of Bank Negara Malaysia

Datuk Nor Shamsiah Mohd Yunus has been confirmed as the new governor of Bank Negara Malaysia. She will replace Tan Sri Muhammad Ibrahim, who resigned from the top job earlier this month. Nor Shamsiah had worked with the central bank for 30 years before she left on Nov 15, 2016.

She takes over from Tan Sri Muhammad Ibrahim on June 15. After leaving Bank Negara, Nor Shamsiah joined the International Monetary Fund (IMF) in April last year where she was based in Washington DC. She was the assistant director of Monetary and Capital Markets Department there.

Continue reading MaxMoney Welcomes on Board the New Governor of Bank Negara Malaysia

MaxMoney Exhibits @MoneyConf, Dublin

MoneyConf is organised by the team behind the world’s largest tech conference, Web Summit and will be held at RDS Arena, Dublin June 11-13, 2018.

Over two days, 5,000 attendees from over 60 countries will network and learn from the industry’s leading lights. Expect insightful keynotes, hands-on workshops and incredible evening networking.

Continue reading MaxMoney Exhibits @MoneyConf, Dublin

The New MaxMoney Website

We cover more than 100 foreign currencies, catering to 190 countries across the continents. No matter which currency they choose, our customers will always enjoy superior best rates.

We’re passionate in innovating and marketing services that are not only efficient, but always at the best rates. For our business customers, our integrated solutions compels proposition which drives them to enhance their business goals. Checkout the new MaxMoney Website here